Separately, shares of Trump’s other publicly traded eponymous entity, Trump Media & Technology Group, dropped more than 10% in the first day of trading following Trump’s inauguration.

The filing comes on the first business day after last Friday's launch of the Trump crypto coin, which quickly grew into a notional value in the billions of dollars.

The new president's $TRUMP coin won't surprise those who understand him but will likely vex some powerful people, SkyBridge's Anthony Scaramucci said.

The token started to bounce back after SEC acting Chair Mark Uyeda unveiled a new team tasked with “developing a comprehensive and clear regulatory framework for crypto assets.”

Just days after President Donald Trumplaunched his new crypto token, two asset management firms jointly sought regulatory approval to debut an exchange-traded fund tied to the digital currency or "meme coin,

President Donald Trump acknowledged launching his official meme coin, ‘TRUMP’, which debuted a few days ago. However, he admitted he didn’t know much about its performance. While speaking to a group of reporters on Tuesday afternoon, Trump was asked about his new meme coin. He said:

Trump unveiled the token, which he is calling “$TRUMP,” on Friday by inviting his followers to “Join my very special Trump Community.” The market cap of the president’s coin currently stands at $8.32 billion, while Melania’s token has settled at $777 million, according to CoinMarketCap.

President Trump shrugged off the news that he made billions of dollars through the launch of his new meme crypto coin. During a press conference Tuesday, his first full day back in the White

Official Trump and Melania meme coins embarked on a massive rally this weekend before plunging. Here's what to know about the President's crypto.

Industry players are concerned that the success of the president’s meme coin will undermine the credibility they have worked hard to cultivate.

As we step into the new year, the cryptocurrency market is buzzing with more than just the usual suspects. January 2025 is looking ripe for investors aiming to get ahead with meme coins that offer not just a chuckle but serious profit potential.